INSURANCE NEWS
Pulitzer-Winning Authors Join OpenAI, Microsoft Copyright Lawsuit
A group of 11 nonfiction authors have joined a lawsuit in Manhattan federal court that accuses OpenAI and Microsoft of misusing books the authors have written to train the models behind OpenAI’s popular chatbot ChatGPT and other artificial-intelligence based software. …
Apollo-Owned Aspen Insurance Files for IPO in US
Private equity firm Apollo-owned Aspen Insurance on Wednesday filed its paperwork for an initial public offering in the United States, according to a regulatory filing. The company did not disclose details about the size of the offering, but is reportedly …
Citi Suit Raises #MeToo Claims at Wall Street’s Top Levels
Ardith Lindsey’s lawsuit accusing Citigroup Inc. of tolerating years of sexual harassment and assault against her struck a chord across Wall Street for many reasons, not least of which was her title: managing director. It’s typically the most senior rank …
Toyota Recalling 1.12 Million Vehicles Over Potential Air Bag Issue
Toyota Motor said on Wednesday it will recall 1.12 million vehicles worldwide because a short circuit in a sensor could cause air bags not to deploy as designed. The recall covers 2020 through 2022 model year vehicles including various Avalon, …
Company Party Tips: Be Joyful, Not Liable
The company holiday party holds inherent potential for drama and danger. Holiday parties have bounced back big-time post-pandemic. The 2023 Challenger Holiday Party Survey from Challenger, Gray and Christmas, Inc. found that 64.4% of companies will have in-person holiday parties …
Helicopter Crash in New Jersey Forest Kills 2 from ABC News Team
A helicopter crashed on Tuesday night in the Pinelands wilderness area of New Jersey, killing the pilot and a photographer who worked for ABC-TV news team in Philadelphia, WPVI. The ABC news station said the chopper went down in Wharton …
Texas DWC Revises Death Benefits Forms
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has revised forms DWC Form-042, Claim for Workers’ Compensation Death Benefits, and PLN-12, Notice of Potential Entitlement to Workers’ Compensation Death Benefits to help eligible beneficiaries file claims for death …
Illinois Appeals Court Rules Exclusion Bars BIPA Claims
An Illinois appellate court decided Tuesday that a general liability insurance policy sold to a Waukegan packaging company clearly excluded coverage for violations of the state Biometric Information Privacy Act, saying a federal appellate court decision to the contrary was …
Howden Acquires Dutch Broker VLC & Partners
Howden, the London-based global insurance group, announced the acquisition of VLC & Partners Holding B.V., one of the largest independent insurance brokers in the Netherlands. Financial details of the transaction were not disclosed. The business is currently under the ownership …
Wisconsin Department of Natural Resources Launches Grant Program to Combat PFAS
MADISON, Wis. (AP) – The Wisconsin Department of Natural Resources is creating a new grant program to help small public water systems reduce PFAS and manganese contamination levels. The DNR announced Monday that it will begin accepting applications for grants …
Texas Woman Sues Doctor Over Unwanted Pregnancy
Grissel Velasco didn’t want more kids. In 2014, Velasco — 31 years old at the time — was expecting her third child, and was receiving care at Sun City Women’s Health Care in El Paso, owned by OB-GYN and then-El …
Google to Pay $700 Million to US states, Consumers in App Store Settlement
Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store – the same issue that went to trial in another case that could result …